The Capitalist Economy and its Prosthetics Necessity, Evolution and Dilemmas of a Brotherhood

Notwithstanding its ruthless dynamics, the capitalist economy has the flaw of deficient employment-generating spending. This leads to unemployment of non-owners, individual suffering, social unrest and it undermines military strength. To deal with these issues, states use prosthetic policies, artifi...

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Bibliographic Details
Main Author: Wächter, Gerhard H., author (author)
Format: eBook
Language:Inglés
Published: Bielefeld : transcript Verlag [2024]
Series:Edition transcript ; 13
Subjects:
See on Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009818437506719
Description
Summary:Notwithstanding its ruthless dynamics, the capitalist economy has the flaw of deficient employment-generating spending. This leads to unemployment of non-owners, individual suffering, social unrest and it undermines military strength. To deal with these issues, states use prosthetic policies, artificial transfers to the productive economy and to non-owners. But the funding of such prosthetic policies - through violent wealth appropriation abroad, protectionism, war, domestic expropriation and taxation, debt and money creation - is caught in dilemmas, while politicians are caught between non-solutions. According to Gerhard H. Wächter, the history of capitalist society is largely the history of this dilemmatic brotherhood.
Physical Description:1 online resource (532 p.)
ISBN:9783839472781